Consumer loan definition

Consumer loan means a loan made by a financial institution in which:
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Consumer loan means the same as defined in section 537.1301.
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Consumer loan means a loan made by a person regularly engaged in the business of making loans in which:
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Examples of Consumer loan in a sentence

  • Consumer loan" means a loan made to a consumer by a supervised lender for personal, family or household purposes, if the debt is payable in installments or a finance charge is made, including a loan made pursuant to a lender credit card.

  • Consumer loan payments may be made via Internet Banking as transfers.

  • Consumer loan amount – funds granted to the Borrower for temporary use under the Loan Agreement.

  • Consumer loan financing is targeted to match the repricing and duration characteristics of the loans financed.

  • In response to the demand of the Union to introduce an Overdraft facility, it has been agreed by the Management to introduce an Overdraft facility to Award Staff in l ieu of Personal loan and Consumer loan, as per the following norms: Clerical staff Not exceeding Rs.1.80 L Subordinate staff: Not exceeding Rs.1.30 L.


More Definitions of Consumer loan

Consumer loan means a loan as defined in section 537.1301.
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Consumer loan means a loan made by a lender to a cus- tomer which is payable in installments or for which a finance charge is or may be imposed, and includes transactions pursuant to an open−end credit plan other than a seller credit card.
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Consumer loan means a loan made to a consumer by a supervised lender for personal, family or household purposes, if the debt is payable in installments or a finance charge is made, including a loan made pursuant to a lender credit card. [PL 1979, c. 483 (NEW).]
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Consumer loan means any extension of credit, including credit cards and other forms of revolving credit, to a natural person primarily for the purposes of purchasing consumer goods or services or for paying existing personal, family, or household debts;
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Consumer loan means a loan made by a person regularly
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Consumer loan means a loan of money or its equivalent made by a lender, the proceeds of which are used by the consumer to purchase or refinance the purchase of a motor vehicle, or which proceeds are used for personal, family, or household purposes, including debts created by the use of a lender credit card, revolving loan account, or similar arrangement, as well as insurance premium financing, with the lender acquiring a purchase money security interest in the purchased motor vehicle. A consumer loan may be secured by other collateral in addition to the purchased vehicle. The provisions of this Paragraph shall not apply to a consumer loan made pursuant to the Louisiana Deferred Presentment and Small Loan Act, R.S. 9:3578.1 et seq.
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Consumer loan means a loan made by the lender to a person which is payable in installments for which a finance charge is or may be imposed. This term includes credit transactions pursuant to an open-end-credit plan other than a seller credit card.
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